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Saturday, June 26, 2010

USA, New York NY Cost of Living April 2010

Country Full Name: United States of America.

Location: The United States of America (USA) is in North America, bordering both the North Atlantic Ocean and the North Pacific Ocean, between Canada and Mexico.

Country Climate: Mostly temperate, but tropical in Hawaii and Florida, arctic in Alaska, semiarid in the great plains west of the Mississippi River, and arid in the Great Basin of the southwest; low winter temperatures in the northwest are ameliorated occasionally in January and February by warm chinook winds from the eastern slopes of the Rocky Mountains.

Country Population: 304.4 million (2008 est.) 307.2 million (2009 est.).

Country Economy: The economy of the United States is a capitalist mixed economy, fueled by abundant natural resources, a well-developed infrastructure, and high productivity. The U.S. economy is the largest national economy in the world, with an estimated gross domestic product (GDP) equal to a quarter of nominal global GDP and a fifth of global GDP at purchasing power parity.

Currency: US Dollar (USD).

Country Inflation: 3.8% (2008 est.) -0.4% (2009 est.).

City: New York is the most populous city in the United States, and the center of the New York metropolitan area, which is one of the most populous urban areas in the world.

City Economy: New York City is a global hub of international business and commerce and is one of three command centers for the world economy (along with London and Tokyo). The city is a major center for finance, insurance, real estate, media and the arts in the United States. New York exerts a powerful influence over global commerce, finance, culture, fashion and entertainment. As host of the United Nations headquarters, it is also an important center for international affairs.Cost of Living: New York has an overall cost of living index which equates it with high cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. New York is currently ranked 63 overall, most expensive place in the world for expatriates to live, out of 282 international locations.